Onomy Protocol Price (NOM)
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Onomy Protocol Price Chart (NOM/USD)
Last updated 15 Jun 2022, 20:39PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | Gate.io | NOM / USDT | $0.17124300 | 0.53% | $2,696,093 | |
2 | KuCoin | NOM / USDT | $1.05 | 0.22% | $40,280 | |
3 | CoinEx | NOM / USDT | $0.32011300 | 0.19% | $31,887 | |
4 | BingX | NOM / USDT | $0.17014500 | 0.53% | $20,503 | |
5 | Bitfinex | NOM / USD | $0.18267000 | 0.87% | $1,422 | |
6 | Bitfinex | NOM / USDT | $0.18544300 | 1.01% | $80 |
NOM Price Statistics
- Onomy Protocol Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $0
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
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All-Time Low
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Jan 01, 1970
Onomy Protocol: An Introduction to the Revolutionary Cryptocurrency
What is Onomy Protocol?
Onomy Protocol is a groundbreaking cryptocurrency that aims to provide users with a decentralized, secure, and efficient way to transact, store, and manage their digital assets. Built on the Ethereum blockchain, Onomy Protocol leverages the power of smart contracts to ensure trustless and transparent transactions.
The Core Principles
At its core, Onomy Protocol is driven by three key principles:
- Decentralization: Onomy Protocol seeks to eliminate the need for intermediaries, such as banks or payment processors, by enabling direct peer-to-peer transactions. This removes barriers, reduces costs, and enhances financial inclusivity for all participants.
- Security: With an emphasis on security, Onomy Protocol deploys robust encryption algorithms coupled with decentralized storage solutions, ensuring the utmost protection for users' digital assets.
- Efficiency: Onomy Protocol significantly reduces transaction times and associated fees by leveraging blockchain technology and smart contracts. By eliminating unnecessary intermediaries, transactions can be completed swiftly and at a fraction of the cost.
Use Cases and Benefits
Onomy Protocol's versatility makes it suitable for a wide array of use cases. Here are a few examples:
- Global Payments: Onomy Protocol enables instant, low-cost cross-border transactions, making it an ideal solution for remittances or international business transactions.
- Financial Services: Onomy Protocol can power decentralized lending and borrowing platforms, allowing individuals to access capital or earn interest on their holdings without intermediaries.
- Supply Chain Management: Onomy Protocol's transparent and immutable nature makes it well-suited for supply chain tracking, ensuring transparency and trust across the entire process.
The Onomy Token (ONT)
The native cryptocurrency of the Onomy Protocol ecosystem is the Onomy Token (ONT). It serves various purposes within the network, including transaction fees, staking, and governance.
In conclusion, Onomy Protocol represents a paradigm shift in the world of decentralized finance. Its commitment to decentralization, security, and efficiency sets it apart from traditional financial systems. With its versatile applications and benefits, Onomy Protocol is poised to revolutionize various industries and pave the way for a new era of financial sovereignty.